Construction Loan Administrator-NW Chicago, IL Suburbs
Location: US, IL, NW Suburbs Chicago

Company profile:
About The Symicor Group:Bankers Recruiting Bankers - The Symicor Group is a boutique bank-only talent acquisition firm based in Chicago. Our nationally unique value proposition centers around providing the very best available banking talent to our valued clients...from a banker's perspective. In fact, most of our recruiters are former bankers themselves! We know banking and how to evaluate the very best banking talent available in the market. Whether you are a bank candidate seeking a new opportunity or a bank president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you. View all jobs at this company |  View company website

Job description:
Construction Loan Administrator – NW Chicago, IL SuburbsWho We AreBankers Recruiting Bankers – The Symicor Group is a boutique bank-only talent acquisition firm based in Chicago.  Our nationally unique value proposition centers around providing the very best available banking talent to our valued clients…from a banker’s perspective.  In fact, most of our recruiters are former bankers themselves! We know banking and how to evaluate the very best banking talent available in the market.  Whether you are a bank candidate seeking a new opportunity or a bank president trying to fill an essential position, The Symicor Group stands ready to deliver premium results for you.The PositionOur client is seeking a Construction Loan Administrator to be based in the NW Chicago, IL market. The selected candidate will work with other team members in both the loan servicing and processing/funding functions within the loan department to provide a high level of service to both internal and external customers.Competitive compensation and excellent benefits package provided.  SIGN-ON BONUS AVAILABLE.Senior Commercial Loan Operations Specialist responsibilities include:Processing draws for both construction and multiple advance loans, ensuring the work is completed and that the bank preserves its priority lien position.Posting closing document exception management.  This includes monitoring, loading, clearing, reporting, delegating and all related matters to post closing documentation exceptions.Monitoring all real estate parcels for proper escrow processing including accurate calculation of tax escrow payments, analysis and remittance of payments when due.  Work with vendor to make process as efficient as possible.Providing leadership over all loan funders to ensure timely disbursement and documentary support for all new loan production.Assisting in the preparation and maintenance of loan files, ensuring timely and accurate 1502 reporting, preparing and shipping loan files to secondary market investors.Ensuring proper posting of all new sold securities and funds related to loan sales, ensure all collateral documents are properly filed for perfection.Handling loan-related customer requests, drafting, recommending and implementing operational policies and procedures.Managing all loan servicing functions after a loan is booked through payoff including payments, tax reporting, error resolution, research and other related matters.Who You Are?You’re someone who wants to influence your own development. You’re looking for an opportunity where you can pursue your interests and your passion. Where a job title is not considered the final definition of who you are, but merely the starting point for your future.You also bring the following skills and experience:High School diploma required, bachelor’s degree preferred.Candidates with knowledge in construction loan processes are a plus.Prior loan operations management experience.Five years experience with loan documentation and perfection, and escrow processing.Prior ITI Navigator and SBA loan experience.An understanding of bank regulatory requirements.

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